Noun raceway has 2 senses
  1. raceway, race - a canal for a current of water
    --1 is a kind of canal
  2. racetrack, racecourse, raceway, track - a course over which races are run
    --2 is a kind of course
    --2 has parts: stretch; inside track
    --2 has particulars:
     cinder track; dirt track; racing circuit, circuit; speedway